You may have noticed something a little different around here?

We’re really pleased to reveal that Paragon has a new visual identity. It’s been a few months in the making and to go with it, we’ve also built a brand-new website and really thought about how we express ourselves.

Usually, we’re all about what we’re doing for clients – how to make our software better, keeping on top of the latest technology and techniques. And after thirty years in the business, it’s been quite the introspection to go through this process, especially as so many people know us really well already.

But as we went through it, we realised that one really big difference between us and others is that so many software vendors are now trying to cover more and more bases. The result? Domain expertise is weakened and domain specific features get lost in the clamour for more expansive use cases.

Absolutely you can use Modeller to build models other than credit models. And Paris will definitely be an option for other customer decisions, such as marketing communications, making them both entirely applicable to other fields and sectors. We’d love to see them used in this way.

The credit expert’s choice

But the thing we’re never going to forget is our core user base – they’re credit risk experts, and so are we. Which is why we say we’re the credit risk expert’s choice. We build software for credit experts, which means it’s always packed with features designed for the nuances of credit risk. Be that handling reject inference or machine learning model explainability.

Valued engineering

Aside from that, there are some things we hold dear and always have. For a start, we pride ourselves on making software that ‘just works’ – the best compliment you could pay us is that you barely noticed it. That means everything is running smoothly and the tools you need to do your job are right at hand, exactly when you need them. We also don’t do empty promises. It’s just not our style. Providing software with value – and not just value for money – is what we do.

Never stop

Despite those thirty years and a few grey hairs in the team, we always stay on top of the latest advances. You’ll often hear us say we started building Modeller in 1991 and haven’t finished yet. We never stop looking for improvements, or new ways to do things, whether that’s in our established tools or creating new ones, like the new to market Focus. It’s also why you’ll see aspects of our heritage in our new visual identity, but with a fresh and modern appeal. Most of the time we obsess about the engineering, so it’s been a bit of a departure to apply those same principles to ourselves for once.

Best of both worlds

And finally, we’re not too fond of the word compromise. We don’t see why you can’t have it all, which is why we always aim to bring you the best of both worlds. For example, tried and tested techniques, combined with the latest in machine learning and AI. But more than that, we hold ourselves to this mantra too - absolutely you can have a supplier that’s both reliable and responsive or established yet nimble.

That’s why our core values are: Valued Engineering, Never Stop, and The Best of Both Worlds.

We hope you agree. Because our job is to make great credit risk software, so that you can get on with being great at managing credit risk.